Countries closing in on digital currencies

All G20 countries with the exception of Argentina are now in one of those far-along phases. — Reuters

LONDON: A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with over half in advanced development, pilot or launch stages, a closely-followed study shows.

The research by the US-based Atlantic Council think tank highlighted that all G20 countries with the exception of Argentina are now in one of those far-along phases although, notably, the United States is falling increasingly behind.